Thomas B. Okray - 22 Feb 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Issuer symbol
ETN
Transactions as of
22 Feb 2023
Net transactions value
-$92,767
Form type
4
Filing time
24 Feb 2023, 19:41:36 UTC
Previous filing
02 Feb 2023
Next filing
03 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Options Exercise $0 +1,202 +21% $0.000000 7,036 22 Feb 2023 Direct
transaction ETN Ordinary Shares Tax liability $92,767 -540 -7.7% $171.79 6,496 22 Feb 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETN Stock Option Award $0 +13,250 $0.000000 13,250 22 Feb 2023 Ordinary Shares 13,250 $171.31 Direct F1
transaction ETN Restricted Stock Units Award $0 +3,695 $0.000000 3,695 22 Feb 2023 Ordinary Shares 3,695 $0.000000 Direct F2, F3
transaction ETN Restricted Stock Units Options Exercise $0 -1,202 -33% $0.000000 2,443 22 Feb 2023 Ordinary Shares 1,202 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options become exercisable as follows: 33% on the first and second anniversary of the date of the grant and the remaining 34% on the third anniversary of the date of the grant.
F2 These restricted stock units were granted on February 22, 2023 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F3 This field is not applicable.
F4 These restricted stock units were granted on February 22, 2022 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.

Remarks:

Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer.